Pacer Advisors Inc. Decreases Position in Amazon.com, Inc. $AMZN

Market Beat
2026.01.02 10:14
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Pacer Advisors Inc. reduced its stake in Amazon.com, Inc. by 5.6% in Q3, now holding 1,088,055 shares valued at approximately $238.9 million. Other institutional investors also adjusted their positions, with notable increases and new stakes. Analysts remain optimistic about Amazon's future, citing AWS growth and potential earnings boosts, despite some concerns over past performance and technical risks. Insider trading activity includes sales by Director Daniel P. Huttenlocher and CEO Andrew R. Jassy, with insiders collectively selling 79,734 shares recently. Brokerages maintain a generally positive outlook on AMZN.